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Dec 27, 2012
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the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to work. the president probably wished he stayed in hawaii because not much has changed. >> both sides are waiting for the other to make the first move. senate republicans are ready to look over a plan the democrats put forth but they say there's no plan. this morning the top senate democrat, harry reid, chided the top house republican, john boehner, nor not calling the house legislators back into zes speaker boehner should call them back today. he shouldn't have let them go in fact. they're not here. they are not here. john boehner seems to care more about keeping his
the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to...
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Dec 28, 2012
12/12
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president obama set to meet with mouse and senate leaders from both parties tomorrow to work out a deal hopefully to avert the fiscal cliff. and former president george h.w. bush remains in intensive care at a houston hospital after a series of health setbacks. >>> and the former president among those tonight mourning the death of the legendary american general storm norman schwarzkopf. he booted saddam hussein's forces out of kuwait in the he died in central florida. the assignment the last chanter in an extraordinary olive of service. general schwarzkopf was one of the most well known commanders in modern mill tare arery history. >> he most certainly was. his command of the gulf war inspired me to become a war correspondent. although he had a long connection with that region. he was obviously -- famous for being commander of the forces during the golf war. he had gone to school in tehran and iran as a kid. they were stationed there. schwarzkopf guided military school before serving in the south vietnamese airborne division. by the time he was a lieutenant colonel he distinguished hims
president obama set to meet with mouse and senate leaders from both parties tomorrow to work out a deal hopefully to avert the fiscal cliff. and former president george h.w. bush remains in intensive care at a houston hospital after a series of health setbacks. >>> and the former president among those tonight mourning the death of the legendary american general storm norman schwarzkopf. he booted saddam hussein's forces out of kuwait in the he died in central florida. the assignment...
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Dec 28, 2012
12/12
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president obama is though meeting with congressional leaders at the white house today. it's a move that tennessee senator bob corker says feels more like optics than anything else. while several other critics claim lawmakers may actually want to go off the fiscal cliff. and in fact some have said the president wants to go off the fiscal cliff. so, can a deal be reached? juan williams is a fox news political analyst. he joins us live. mary katharine ham, editor-at-large at hotair.com and is a fox news contributor. juan, what do you think about that notion? barrasso was the first one to say it on "fox news sunday" and you were there but others have said it since that the president really does want to go over the cliff so that he can reap the benefits of all of the tax revenues that would be had by everybody's taxes going up? >> i think that is historical revisionism of a very current type. he is already trying to spin this because i think it is clear from the polls that most americans want a deal. they want a compromise. at the moment are blaming republicans and so i thin
president obama is though meeting with congressional leaders at the white house today. it's a move that tennessee senator bob corker says feels more like optics than anything else. while several other critics claim lawmakers may actually want to go off the fiscal cliff. and in fact some have said the president wants to go off the fiscal cliff. so, can a deal be reached? juan williams is a fox news political analyst. he joins us live. mary katharine ham, editor-at-large at hotair.com and is a...
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Dec 30, 2012
12/12
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the key negotiators mitch mcconnell on the republican side and harry reid on the democratic side to meet with respective senators at 3:00 p.m. this afternoon and should hear whether they feel like they have a deal or are still is struggling and perhaps have to go to president obama's plan c. shannon? >> shannon: we'll stand by. we know you are on it. mike emanuel on capitol hill. thanks. you are now looking live at the senate floor where a session is underway. the opening prayer there now being carried out asking for are wisdom and guidance for senators as they have a lot of work potentially ahead. shortly we should have is opening remarks from the majority leader, of course, senator are harry reid and then mitch mcconnell also expected. maybe first clues as to whether or not they hammered anything out. they complete the pledge now and then it is back to business. we'll keep you updated with any development there's. we have been asking you today to give us your input on a fiscal cliff. there are some lawmakers who say going over the cliff may actually be a food thing. do you agree or dis
the key negotiators mitch mcconnell on the republican side and harry reid on the democratic side to meet with respective senators at 3:00 p.m. this afternoon and should hear whether they feel like they have a deal or are still is struggling and perhaps have to go to president obama's plan c. shannon? >> shannon: we'll stand by. we know you are on it. mike emanuel on capitol hill. thanks. you are now looking live at the senate floor where a session is underway. the opening prayer there now...
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Dec 29, 2012
12/12
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. >> arthel: i'm art article. 11th how-hour scrambling after a meeting with president obama and leaders from the house and senate with high noon fast approaching, president is pushing to seal the deal. >> modestly optimistic that an agreement can be achieved. nobody is going to get hundred percent of what they want. let's make sure that middle-class families and the american economy and in fact the world economy are not adversely impacted because people can do their can't do their jobs. >> arthel: now the latest. >> discussions are ongoing but we shouldn't expect any announcements before senators are briefed. key players are pretty tight-lipped. after a white house meeting yesterday, one of the top negotiators sounded hopeful. >> we had a longs meeting in the white house, very constructive. we hope that it will bear fruit. i think that the next 24 hours will be very instructive as to what we're able to accomplish. >> reporter: sources say john boehner referred to his senate colleagues and told them house leaders would consider their plan. one item raising the debt limit is not expected
. >> arthel: i'm art article. 11th how-hour scrambling after a meeting with president obama and leaders from the house and senate with high noon fast approaching, president is pushing to seal the deal. >> modestly optimistic that an agreement can be achieved. nobody is going to get hundred percent of what they want. let's make sure that middle-class families and the american economy and in fact the world economy are not adversely impacted because people can do their can't do their...
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Dec 28, 2012
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everyone is calling president obama responsible for this meeting. chief congressional correspondent mike emanuel is live on capitol hill. what where republican leaders saying about today's meeting? reporter: republicans in office do not control the white house. they need to cooperate and to actually support a final plan in the senate. so they are pushing to see what the president will offer at this meeting. a leading senate republican sounded pretty skeptical about this meeting. >> anytime you nonsedating public publicly in washington, it is usually for political theater purposes. my bet is that it's all political theater. jon: republicans have made the point that it is time for the senate to act. they are also anxious to see what the president has to offer. obviously, we are waiting to see whether there will be enough republican support for whatever is offered to get us a bill through the house and senate. harris: what is happening on the democratic side? reporter: they are frustrated. they wanted that house republicans to return a lot sooner to wo
everyone is calling president obama responsible for this meeting. chief congressional correspondent mike emanuel is live on capitol hill. what where republican leaders saying about today's meeting? reporter: republicans in office do not control the white house. they need to cooperate and to actually support a final plan in the senate. so they are pushing to see what the president will offer at this meeting. a leading senate republican sounded pretty skeptical about this meeting. >>...
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Dec 28, 2012
12/12
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. >> julia: moving on, president obama is going to meet with the congressional leaders today . one of these meetings "i think lindsay graham saying these are usually dog and pony shows. either you have a deal done meetings that are called in the white house or it is just for show. what do you think? >> kelly: i talked to a bunch of congress people yesterday who said there is a group in the house. republicans in the house that said we can't raise taxes and we shouldn't raise them at all but can't do more than john boehner's plan b, and didn't go to a vote. >> one for million. icle >> it would raise you billion in revenue. they were not for it in the first place but maybe get something through if obama willing to cut. obama administration said if you pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down.
. >> julia: moving on, president obama is going to meet with the congressional leaders today . one of these meetings "i think lindsay graham saying these are usually dog and pony shows. either you have a deal done meetings that are called in the white house or it is just for show. what do you think? >> kelly: i talked to a bunch of congress people yesterday who said there is a group in the house. republicans in the house that said we can't raise taxes and we shouldn't raise...
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Dec 29, 2012
12/12
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. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to go as high as 4 or $500,000 a year. plan c would expand unemployment benefits for the 2 million people set to lose them at the end of this year. it would include a small amount of spending cuts but would not touch entitlements like medicare and not deal with the debt limit right now. >> i am modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy are aren't adversely affected because people can't do their jobs. >> and today lawmakers are in staff leve
. >> at yesterday's white house meeting, president obama did not offer negotiators anything new. he just tried to sell them on the same plan he outlined last friday, being called plan c. since the president's plan a and speaker boehner's plan b both failed to gain traction. plan c would extend middle class tax rates and we're told the senate wants to tweak exactly who counts as being in the middle class. maybe even raising the income threshold and the white house is apparently willing to...
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Dec 30, 2012
12/12
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if the senators don't like it, it's a bad sign and president obama will left his hawaiian vacation to come and work on this, says if we do go off the cliff once again it would be very bad for the economy. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. the housing market is healing and that could stall and people see smaller paychecks. >> reporter: and told us last night there's been no major progress. back to you. >> juliet: oh, well. >> dave: and we heard about on friday seemed to dried up. >> clayton: so cautious. >> juliet: i would say i appreciate cautious. >> clayton: well, much has been made about this $250,000 cap that's where the president initially wanted to raise the-- raise revenues taxing anyone over-- making over $250,000 for the household. so, $200,000 for a single person and $250,000 for a married couple. now, it seems like that number is being shifted because oh, much has come out about that $250,000 range, right? that if you're
if the senators don't like it, it's a bad sign and president obama will left his hawaiian vacation to come and work on this, says if we do go off the cliff once again it would be very bad for the economy. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. the housing market is healing and that could stall and people see smaller paychecks. >>...